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    OFF-MARKET
    Office Units

    489 4Th Ave, Brooklyn, NY 11215

    Property ID
    US63-2965029
    Property summary
    AI-generated overview

    This exceptional 550-square-foot commercial space presents a unique opportunity in the vibrant Park Slope/Gowanus submarket of Brooklyn, New York. Located on the highly visible corner of 12th Street and 4th Avenue, this single-tenant property boasts a prime location with excellent street frontage. Its versatile design makes it suitable for a variety of uses, including traditional office, medical office, or creative office spaces. The property is classified as Retail and Office, offering flexibility for businesses seeking a blend of retail and office functionality. Situated in Kings County, this space benefits from its proximity to public transportation, with easy access to the F, G, and R subway lines on 4th Avenue, ensuring convenient commutes for employees and clients. The address is 489 4th Avenue, Brooklyn, NY 11215. This location offers high visibility and foot traffic, making it ideal for businesses seeking maximum exposure. The property's adaptability and strategic location make it an attractive investment for businesses looking to establish a presence in a thriving Brooklyn neighborhood. The building is well-suited for a variety of businesses seeking a convenient and accessible location in a dynamic and growing area. This is a rare opportunity to secure a well-positioned commercial space in a highly sought-after Brooklyn neighborhood.

    Property profile
    Verified
    Property type Office Units
    UPID US63-2965029
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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